Ocean Network Express (ONE) set for operations from April 1

With
all regulatory clearances attained, Ocean Network Express Pte. Ltd (ONE), the
new major global container shipping company formed from the amalgamation of the
container liner businesses of MOL, NYK and "K" Line, is all set to
commence operations on April 1, 2018.

ONE is the world’s sixth-largest liner
shipping firm.

South
Africa was the last country to give ONE the go-ahead a few days back.

According
to Mr Jeremy Nixon (former head of container shipping at NYK), who is the CEO
at ONE, it will offer an extensive
liner network service portfolio covering over 100 countries internationally
focusing on enhanced innovation and it will continue to cherish the qualities
of the three Japanese line companies, high level service quality and process
excellence.

The
new company’s global headquarters will be in Singapore, to further enhance its
intended strong international trading presence.

.
“ With a global fleet of over 250
vessels, active participation in all major global trade lanes, deployment of
the latest IT systems and an extensive terminal ownership portfolio, ONE positions
itself as being "large enough to survive, but still small enough to
care" he added.

The
core values of ONE include Quality, Reliability, Innovation and Customer
Satisfaction, he stressed.